5 January Current Affairs 2024 in English

5 January Current Affairs 2024

5 January Current Affairs 2024 refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 5 January Current Affairs 2024 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 5 January Current Affairs 2024 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.

5 January Current Affairs 2024 also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 5 January Current Affairs 2024 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

All India Rubber Industries Association Elects Shashi Singh as the President of AIRIA

All India Rubber Industries Association Elects Shashi Singh as the President of AIRIA

Mr. Shashi Singh will be succeeding Mr. Ramesh Kejriwal as the President of AIRIA.

Before assuming the role of President, Mr. Shashi Singh held the position of Senior Vice President within AIRIA.

Mr. Zafar Ahmed, Managing Director of New India Rubber Works Pvt. Ltd. has been elected as the Senior Vice-President of AIRIA for the year 2023-24.

NIIFL appoints Actis’ Sanjiv Aggarwal as chief executive officer

NIIFL appoints Actis' Sanjiv Aggarwal as chief executive officer

Government-backed National Investment and Infrastructure Fund Limited has appointed Sanjiv Aggarwal as its chief executive officer and managing director.

The National Infrastructure and Investment Fund (NIIF) is India’s first-ever sovereign wealth fund (SWF). The state-owned fund was set up by the Indian Government in the year 2015.

Google DeepMind introduces mobile ALOHA humanoid system

Google DeepMind introduces mobile ALOHA humanoid system

Stanford University has introduced Mobile ALOHA, a robotic system that advances the capabilities of bimanual mobile manipulation through low-cost whole-body teleoperation. This innovation, which builds upon Google DeepMind’s existing ALOHA system, brings mobility and dexterity to the forefront of robotic learning.

Government approves PRITHVI VIGYAN scheme worth nearly 4,800 crore rupees

Government approves PRITHVI VIGYAN scheme worth nearly 4,800 crore rupees

The government has decided to implement the overarching scheme PRITHvi VIgyan (PRITHVI) for 4,797 crore rupees. The Prithvi Scheme is aimed at the augmentation and sustenance of long-term observations of the atmosphere, ocean, geosphere, cryosphere, and solid earth to record the vital signs of the Earth System and change.

Ministry of Education launches PRERANA program

Ministry of Education launches PRERANA program

Department of School Education & Literacy, Ministry of Education, Government of India has launched ‘Prerana: An Experiential Learning program’, aiming to offer a meaningful, unique, and inspiring experience to all participants, thereby empowering them with leadership qualities.

IT Ministry Launches ERNET Portal for Domain Registration of Educational Institutions

IT Ministry Launches ERNET Portal for Domain Registration of Educational Institutions

Ministry of Electronics & Information Technology (MeitY) has launched ERNET India’s newly developed integrated web portal for educational institutes in the country. The portal will offer domain registration, DNS, and value-added services viz. Website as a Service (WaaS) and Learning Management as a Service (LMaaS).

Amit Shah launches portal for procurement of pulses

Amit Shah launches portal for procurement of pulses

Shri Amit Shah urged farmers to cultivate pulses on a large scale to reduce dependency on imports. He assured them that the two cooperatives, the National Agricultural Cooperative Marketing Federation of India Limited (NAFED) and the National Cooperative Consumers’ Federation of India Limited (NCCF) would procure produce at a minimum support price or the market price. 

Indore, Bhopal, and Udaipur were selected for the Wetland City Accreditation scheme under the Ramsar Convention

MoEF&CC has submitted three nominations from India for Wetland City Accreditation of Indore (Madhya Pradesh), Bhopal (Madhya Pradesh) & Udaipur (Rajasthan) under the Ramsar Convention on Wetlands. The wetlands situated in and around these cities provide a plethora of benefits to its citizens in terms of flood regulation, livelihood opportunities, and recreational values.

REC Limited and Bank of Baroda join hands to finance Power, Infrastructure, and Logistics Projects

REC Limited and Bank of Baroda join hands to finance Power, Infrastructure, and Logistics Projects

REC Limited has signed a Memorandum of Understanding (MoU) with the Bank of Baroda to facilitate joint sanctions of loans to fund power, infrastructure, and logistics projects in the country over the next three years. They will unite with a shared vision of advancing sustainable growth and bolstering the nation’s infrastructural backbone.

RBI directs issuers to specify the utilization of funds raised via NCDs, CPs

RBI directs issuers to specify the utilization of funds raised via NCDs, CPs

RBI has tweaked norms for the issuance of commercial papers (CPs) and non-convertible debentures of up to one year to regulate short-term investments and ensure transparency in the market.

One of the key changes, slated to take effect from April 1 this year, was that the guidelines mandate issuers to mention the exact end use of the funds raised through the instruments.

SBI raises $250 mn via Green Bonds to fund sustainable projects

SBI raises $250 mn via Green Bonds to fund sustainable projects

State Bank of India (SBI) said it has raised USD 250 million through issuance of the Green Notes to fund sustainable projects. The bank has concluded the successful placement of USD 250 million senior unsecured Green floating rate notes, referred to as ‘The Green Notes’.

IITs Madras, Kanpur find way to recycle waste material from iron ore mining

IITs Madras, Kanpur find way to recycle waste material from iron ore mining

Researchers at the Indian Institutes of Technology Madras and Kanpur have developed a process to convert waste produced from iron ore mining into an environment-friendly material that can be reused by industry.

This project is of importance to India as while processing iron ore, particles smaller than 0.15 mm are generated and are discarded as waste known as slime.

Software giant Microsoft adds AI button to keyboards to summon chatbots

Microsoft introduces an AI button on PC keyboards to launch its AI chatbot, in partnership with OpenAI, capitalizing on generative AI technology. The button will be added to laptops by third-party manufacturers, replacing the right “CTRL” key or menu key.

SEBI appoints G Ram Mohan Rao as executive director for 3 years

SEBI appoints G Ram Mohan Rao as executive director for 3 years

The Securities and Exchange Board of India (SEBI) has appointed G Ram Mohan Rao as Executive Director (ED) for three years. Rao will be handling the investigation department and the internal inspection department. Before the appointment, Rao was the regional director of the Eastern Regional Office of Sebi.

Indian fintech funding witnessed a decline of 63% in 2023: Report

Indian fintech funding witnessed a decline of 63% in 2023: Report

The FinTech sector in India has witnessed a downward trend as it received funding of $2 billion in 2023, a decline of around 63% and 73% compared to previous years, according to a report by data intelligence platform Tracxn. The financial technology sector has raised $5.4 billion in 2022 and $8.4 billion in 2021.

Canara Bank CGM P Santhosh appointed as MD of NARCL, Sundar resigns as MD

P Santhosh, chief general manager at Canara Bank has been appointed as managing director and chief executive officer of National Asset Reconstruction of India Ltd (NARCL).

Natarajan Sundar, MD and CEO of NARCL resigned from the post.

Canara Bank is the sponsor bank of NARCL with over a 10% stake. Public sector banks are major shareholders of NARCL.

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